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Montclair, 07042 Real Estate Overview

Today, December 22, 2009

Market View for 07042

Info
Avg. Listing Price $790,850 Wk ending Dec 16
+$9,352
+1.2%
w-o-w
Median Sales Price $456,526 Sep '09 - Nov '09
-$68,474
-13.0%
y-o-y
218Homes For Sale 1Open Homes
117Recently Sold 89Foreclosures

Market Trends for 07042

Embed Info
Listing price – 07042, Montclair
Average Listing Price
$790,850
+1.2%
w-o-w
Median Sales Price
$456,526
-13%
y-o-y
Average price/sqft
$220
-13%
y-o-y
Number of Sales
36
-44.6%
y-o-y
More 07042 Market Trends
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Home Prices for Essex County

Info
google map tile
Most popular
zip codes
Avg. listing price
Week ending Dec 16
 
w-o-w

07039
$872,360
+0.3%
07052
$512,153
0.0%
07042
$790,850
+1.2%
07040
$498,382
-0.1%
07003
$311,190
-0.9%
 
Movers & Shakers
Avg. listing price
Week ending Dec 16
 
w-o-w

07101
$59,500
-28.2%
07114
$363,938
+12.8%
07102
$230,171
+3.9%
07106
$156,858
-2.9%
07041
$910,510
-2.9%
 
View Essex County Home Prices Map
 

Montclair, 07042 Summary

The median sales price for homes in ZIP code 07042 in Montclair from Sep 09 to Nov 09 was $456,526 based on 36 sales. Compared to the same period one year ago, the median sales price decreased 13%, or $68,474, and the number of sales decreased 44.6%. Average price per square foot for homes in 07042 was $220, a decrease of 13% compared to the same period last year.

There are currently 218 resale and new homes in ZIP code 07042 on Trulia, including 1 open house, as well as 89 homes in the pre-foreclosure, auction, or bank-owned stages of the foreclosure process. The average listing price for homes for sale in 07042 was $790,850 for the week ending Dec 16, which represents an increase of 1.2%, or $9,352, compared to the prior week. Popular ZIP codes in Montclair include 07042 and 07043, with average listing prices of $790,850 and $688,094.

 

Schools in Montclair

Info
DISTRICT
TYPE
GRADES
SCHOOLS
STUDENTS
Montclair School District
Public
K - 12
11
6,426
SCHOOL NAME
SCHOOL TYPE
GRADES
PARENT RATING
Montclair Cooperative School
Private
PK - 8
Mount Hebron Middle School
Public
6 - 8
Montclair Kimberley Academy Mid
Private
4 - 8
Please consult with the school district or a local real estate pro to confirm your eligibility to enroll with a particular district or school.
View all Montclair Schools
 

Community Info for Montclair

Info
More Montclair Community Info

Homes for Sale in 07042

39 Gates Avenue, Montclair NJ
39 Gates A…
$385,000
6 br  2 ½ ba
48 South Park Street, Montclair NJ
48 S Park…
$329,000
1 br  1 ba
70 North Willow Street, Montclair NJ
70 N Willow…
$539,000
8 br  4 ba
111 Central Avenue, Montclair NJ
111 Central…
$515,000
4 br  2 ½ ba
101 Gates Avenue #E-7, Montclair NJ
101 Gates…
$209,000
1 br  1 ba
361 Claremont Avenue, Montclair NJ
361 Clarem…
$268,900
1 br  1 ba
View all 07042 Homes for Sale
 
Stats & Trends
07042, Montclair

Real Estate Overview

Market Trends

Schools

Home Prices Map

Community Info

Montclair

Real Estate Overview

Homes for Sale

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Nearby Cities

Cities
Median
sales price
Average
listing price
Glen Ridge
$520,500
$597,972
Bloomfield
$296,046
$311,190
Upper Montclair
$355,000
$621,336
Verona
$390,000
$455,592
Nutley
$340,000
$446,784
East Orange
$127,500
$211,767
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Advice

Recent Q&A in Montclair, NJ

Q: My wife and I are new to the area and are looking for SF homes in Montclair or Upper Montclair. We want to be within walking distance (say 1/4 to 1/2 7 answers
Q: I can only afford to put 10% down payment and the bank said they need 20% or the unit has to be FHA-approved? 5 answers
Q: I am moving to NJ area. How do you think the new 2-bed townhouse at 83 Bay Street, Montclair? Montclair Twp., NJ 07042 $449,000 6 answers
Q: What are the procedures in new jersey after a sheriff sale? 3 answers
Q: Is it possible to secure a home loan with so-so credit these days? Mid-600's credit score. 5 answers

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More Advice:
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Nearby Cities Real Estate

  • Glen Ridge Real Estate
  • Bloomfield Real Estate
  • Upper Montclair Real Estate
  • Verona Real Estate
  • Nutley Real Estate
  • East Orange Real Estate

Nearby Cities Sold Homes

  • Glen Ridge Sold Homes
  • Bloomfield Sold Homes
  • Upper Montclair Sold Homes
  • Verona Sold Homes
  • Nutley Sold Homes
  • East Orange Sold Homes

Nearby Cities Home Prices

  • Glen Ridge Home Prices
  • Bloomfield Home Prices
  • Upper Montclair Home Prices
  • Verona Home Prices
  • Nutley Home Prices
  • East Orange Home Prices

07042 Stats & Trends

  • 07042 Market Trends
  • Montclair Schools
  • Montclair Community Info
  • Montclair Home Prices
  • 07042 Real Estate
  • 07042 Recently Sold Homes

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Montclair real estate—use Trulia to find real estate in Montclair as well real estate in other cities in New Jersey. Trulia provides comprehensive real estate guides with up-to-date information about housing prices, latest Montclair real estate trends, market activity, and neighborhood information. Before buying a house in Montclair, research real estate on Trulia. Understanding the Montclair real estate market is your first step to buying a home in Montclair, New Jersey. Our real estate guide gives your a valuable overview of the Montclair real estate market—find Montclair properties, sales statistics, real estate price trends, real estate market activity, comparisons of Montclair schools or New Jersey schools, and general demographic information for Montclair, NJ. Trulia's real estate guide combines a Montclair map with a detailed list of Montclair neighborhoods, ZIP codes, and nearby cities to help kick-start your search for a home in Montclair.
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About this Info
Average Listing Price for the most recent week available is based on daily list price data for resale and new homes on Trulia and is compared to the same period one week prior.
Median Sales Price is based on sales during the most recent 90-day period available and is updated each week to include recent transactions from public record data sources. The Median Sales Price is the price at which one-half of the homes sold for more than that amount and one-half of the homes sold for less than that amount.
Homes for Sale includes resale and new homes on Trulia.
Recently Sold is a count of all known arms-length residential sales in the last 9 months according to public records.
Open Homes refers to listings on Trulia with scheduled open house times.
Foreclosures includes properties in the pre-foreclosure, auction, and bank-owned stages of the foreclosure process.
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About this Info
Average Listing Price for the most recent week available is based on daily list price data for resale and new homes on Trulia and is compared to the same period one week prior.
Median Sales Price is based on sales during the most recent 90-day period available and is updated each week to include recent transactions from public record data sources. The Median Sales Price is the price at which one-half of the homes sold for more than that amount and one-half of the homes sold for less than that amount.
Number of Sales is a count of all known arms-length residential property sales over the prior 90-day period. All sales figures are compared to the same period one year prior.
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About this Info
Most Popular Neighborhoods are calculated each week based on search behavior on the Trulia website.
Movers 'n Shakers are selected based on the week-over-week percentage change in Average Listing Price.
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Parent Reviews
These reviews include feedback from parents, students, former students, administrators and other staff. This feedback may help you further evaluate and compare schools, along with other information such as test scores, academic programs, school resources, classroom and teacher ratios, etc. The reviews are provided by GreatSchools.

Ask a question about this school on Trulia Voices to learn more about this school or district from residents and other local experts.

 
   
About this Info
Crime statistics for 2006 (most recent year available) are reported by the Federal Bureau of Investigation in the Uniform Crime Report.
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